N&R: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
N&R
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€25,523
up €25,523 (+17.4%), from €146,281 to €171,804
- Tax, wage and social debts -€15,874
down €15,874 (-94.4%), from €16,812 to €938
- Profit (loss) carried forward -€8,733
down €8,733 (-4.4%), from €200,498 to €191,765
- Gross operating margin -€11,440
down €11,440, from €6,848 to -€4,592
- Other operating charges -€1,222
down €1,222 (-71.5%), from €1,709 to €487
- Taxes -€791
down €791 (-91.4%), from €865 to €74
- Financial income -€284
down €284 (-76.8%), from €370 to €86
of which Financial income: -€284
- Financial charges -€101
down €101 (-21.0%), from €481 to €380
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €388,719 | €385,687 | -€3,032 | -0.8% |
| Fixed assets | 21/28 | €388,434 | €385,148 | -€3,286 | -0.8% |
| Tangible fixed assets | 22/27 | €11,434 | €8,148 | -€3,286 | -28.7% |
| Furniture and vehicles | 24 | €11,434 | €8,148 | -€3,286 | -28.7% |
| Financial fixed assets | 28 | €377,000 | €377,000 | = | 0.0% |
| Current assets | 29/58 | €285 | €539 | +€254 | +89.1% |
| Cash at bank and in hand | 54/58 | €88 | €251 | +€163 | +185% |
| Deferred charges and accrued income | 490/1 | €197 | €288 | +€91 | +46.2% |
| Total equity and liabilities | 10/49 | €388,719 | €385,687 | -€3,032 | -0.8% |
| Equity | 10/15 | €220,958 | €212,225 | -€8,733 | -4.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €200,498 | €191,765 | -€8,733 | -4.4% |
| Amounts payable | 17/49 | €167,761 | €173,462 | +€5,701 | +3.4% |
| Amounts payable after more than one year | 17 | €719 | - | -€719 | |
| Financial debts | 170/4 | €719 | - | -€719 | |
| Amounts payable within one year | 42/48 | €167,042 | €173,462 | +€6,420 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €2,856 | €720 | -€2,136 | -74.8% |
| Trade debts | 44 | €1,093 | - | -€1,093 | |
| Suppliers | 440/4 | €1,093 | - | -€1,093 | |
| Taxes, remuneration and social security | 45 | €16,812 | €938 | -€15,874 | -94.4% |
| Taxes | 450/3 | €16,812 | €938 | -€15,874 | -94.4% |
| Other amounts payable | 47/48 | €146,281 | €171,804 | +€25,523 | +17.4% |
| Non-recurring operating income | 76A | €3,286 | - | -€3,286 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,286 | €3,286 | = | 0.0% |
| Other operating charges | 640/8 | €1,709 | €487 | -€1,222 | -71.5% |
| Gross operating margin | 9900 | €6,848 | -€4,592 | -€11,440 | |
| Operating profit (loss) | 9901 | €1,853 | -€8,365 | -€10,218 | |
| Financial income | 75/76B | €370 | €86 | -€284 | -76.8% |
| Recurring financial income | 75 | €370 | €86 | -€284 | -76.8% |
| Non-recurring financial income | 76B | - | €86 | +€86 | |
| Financial charges | 65/66B | €481 | €380 | -€101 | -21.0% |
| Recurring financial charges | 65 | €481 | €380 | -€101 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €1,742 | -€8,659 | -€10,401 | |
| Income taxes | 67/77 | €865 | €74 | -€791 | -91.4% |
| Profit (loss) for the period | 9904 | €877 | -€8,733 | -€9,610 | |
| Profit (loss) for the period to be appropriated | 9905 | €877 | -€8,733 | -€9,610 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.